Ticking off the objections to financial sector Cloud adoption
- Published on July 24, 2012
- Written by Mike McClain, Senior Web Designer & Site Manager
The finance sector is repeatedly said to be behind the curve in Cloud adoption, so it’s interesting to note an initiative in the US by the Federal Financial Institution Examination Council (FFIEC).
The Technology Subcommittee of the Council – which is responsible for prescribing uniform principles and standards for federal financial institution examinations — has previously voiced its concern about the risks relating to what it calls “outsourced Cloud Computing”.
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